⭐ SVG FSA Forex Brokers - Are They REGULATED?
IBCs are incorporated in St. Vincent and the Grenadines by the Financial Services Authority, an autonomous governmental statutory body responsible for the regulation and supervision of the country’s international financial services and non-bank financial services.
IBCs ARE NOT REGULATED entities but are duly registered entities which are required to abide with the provisions of its governing legislation, the International Business Companies (Amendment and Consolidation) Act.
Official source: FSA St. Vincent and the Grenadines
Can SVG-based Forex brokers legally provide trading services?Yes, they can.
While Forex trading brokerage activities are not licensed in St. Vincent and the Grenadines, all SVG-based Forex brokers that operate as Limited Liability Companies (LLCs) are able to engage in any legal activity, including Forex trading and brokerage.
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